Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

It's in Australia's and every country's national interest to press for and help deliver net zero by mid-century. There are different paths to that approach. Australia has taken the view that I have outlined, which is that we have untapped resources of renewable energy and that we know from what we have been told by regulators and by the market that the cheapest form of new installed energy is renewable.

I would also make the point that the opposition have been on this for many years. When I was climate minister, I think I got the same questions. People might recall that, I think, John Howard tried to get Ziggy Switkowski to tell us that it was financially viable. The reality is that we would rather put that public investment, if required, into those areas where we have a comparative advantage.